A trader placed a $24 million bet on a call spread in the Invesco QQQ Trust ETF, wagering that the Nasdaq-100 index will reach an all-time high by the end of July. This is the third-largest options trade of the day and reflects high conviction in a tech market rebound despite recent flat performance since mid-May. The trade involves buying calls at a $736 strike price and selling a call spread to reduce cost, pushing the breakeven point to about $750, just above the recent high. This move signals optimism for a strong upward move in tech stocks, even as the broader market remains range-bound.
BlackRock introduced the iShares Nasdaq 100 ETF (IQQ) on July 9, 2026, aiming to challenge the dominance of Invesco's QQQ fund by offering targeted exposure to Nasdaq-100 companies. IQQ competes alongside State Street's QNDX ETF, providing investors ...
Questcorp Mining has finished expanded drone magnetic and induced polarization (IP) geophysical surveys at its La Union Project in Sonora, Mexico. These surveys, covering 248-line kilometers of drone magnetics and 8-line kilometers of IP, enhance the...
Riverside Resources and partner Questcorp have finished aeromagnetic drone and Induced Polarization (IP) ground surveys at the La Union Project in Sonora, Mexico. These surveys provide new data to enhance ongoing drilling efforts targeting gold, silv...
Since their peaks in 2000, the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite have shown real compounded annual returns of about 5.3%, reflecting recovery after a difficult first 15 years of the century. Adjusted for inflation, $1,000 in...
BlackRock announced plans to launch the iShares Nasdaq 100 ETF as soon as this Thursday, entering direct competition with the well-established Invesco QQQ ETF. This move comes just two weeks after State Street introduced its own rival, the SPDR Portf...
